The knitted or crocheted hosiery and footwear market in the Czech Republic reached a value of 55.491 million Euros in 2023. Over the past decade, it exhibited growth with fluctuations, notably with a dip in 2020, followed by a recovery. The year-on-year growth hit 1.45% in 2023, whereas the compound annual growth rate over the last five years was 1.43%, indicating steady, albeit modest, growth.
Future trends to watch for:
- Sustainable and eco-friendly product lines may gain prominence due to increasing consumer awareness.
- Technological advancements in materials and production could drive innovation and market expansion.
- Online retail channels are expected to bolster sales as consumer preferences shift towards e-commerce.
How does the Czech Republic rank in Knitted or Crocheted Hosiery and Footwear Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,256,300,000 | 2023 | +1.95% | +1.66% | View data |
| 2 | 2 France | 879,810,000 | 2023 | +1.17% | +1.41% | View data |
| 3 | 3 United Kingdom | 589,890,000 | 2023 | +0.67% | +0.77% | View data |
| 4 | 4 Spain | 304,870,000 | 2023 | +0.88% | +1.23% | View data |
| 5 | 5 Austria | 179,220,000 | 2023 | +4.11% | +4.77% | View data |
| 9 | 9 Finland | 59,861,000 | 2023 | -1.41% | -0.57% | View data |
| 10 | 10 Greece | 58,703,000 | 2023 | +2.67% | +4.36% | View data |
| 11 | 11 Czech Republic | 55,491,000 | 2023 | +1.45% | +1.43% | |
| 12 | 12 Hungary | 48,132,000 | 2023 | +4.91% | +2.73% | View data |
| 13 | 13 Denmark | 44,436,000 | 2023 | -0.2% | +0.18% | View data |
